6740 Sabado Tarde Road, GOLETA, CA 93117
$775,000
Property Type:
Res Inc
Lot Size (sq. ft.):
4,792
Status:
Closed
Current Price:
$775,000
List Date:
4/02/2014
Last Modified:
4/19/2019
Description
Get the return of a large apartment building in a duplex! Only 12.99 GRM / 5.33% cap. rate. These are the best numbers you will find locally in this building class. This a centrally located
duplex just one block to the beach in Isla Vista and a couple of blocks to UCSB.
Supplements: Each unit is approx. 875 SF and features two bedrooms, one and a half baths, a breakfast bar off the galley kitchen and private yards. Planned enrollment increases and positive millennial demographics make this an excellent investment.
More Information MLS# 14-980
Location Info
District: 30 - SB/GOL SOUTH
Street #: 6740
Street Name: Sabado Tarde
Street Suffix: Road
State/Province: CA
Postal Code: 93117
Compass Map: Santa Barbara
Map Grid: E13
County: Santa Barbara
Parcel Number: 075-142-047
Cross Street: Camino Del Sur
Contract Info
Current Price: $775,000
Price: 795000
Financing: Cash
Buyers Agent $/%: 2.5
Begin Date: 2014-04-02
Status: Closed
Status Information
Sold Date: 2014-05-08
Sold Price: $775,000
Under Contract Date: 2014-04-24
Property Information
Number of Units: 2
Year Built: 1962
Apx Lot SqFt: 4792
Neighborhood/Schools
Elementary School: Isla Vista
Junior High School: Gol Valley
High School: Dos Pueblos
Remarks
Hot Sheet Comment: price
Owner Info
Deposit: 25000
Miscellaneous
Parking Spaces: 2
# Refrigerators: 2
# Stoves: 2
Unit 1
# Units: 1
# Bedrooms: 2
# Baths: 1
# Half Baths: 1
Furnished: N
Rent: 2550
Monthly Total: 2550
Unit 2
# Units: 1
# Bedrooms: 2
# Baths: 1
# Half Baths: 1
Rent: 2450
Income/Expenses
Total Monthly Income: 5000
Other Income: 100
Annual Income: 61200
Gross Rent Multiplr: 12.99
Capitalization Rate: 5.33
Water Expense: 920
Electric Expense: 22
Gas Expense: 263
Trash Expense: 1081
Property Features
Unit 1: Lease
Unit 2: Lease
Income/Expenses: Actual
Condition: Good
Foundation: Slab
Parking Info: Garages; Uncovered
Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s)
Laundry: Other
Amenities: Refrigerator; Fncd Prt
Flr/Wdw Coverings: Carpet; Vinyl
Heating/Cooling: Wall
Owner Provides: Water; Trash
Zoning: SR
Reports Available: Pest Inspection; Prelim; Leases; NHD
Exchange: Other
Terms: Cash; Ctnl
Listing Type: ER
Contingent Remarks: HOME INSPECTN; REPORTS
Listing Office: Central Coast Investments
Last Updated: April - 19 - 2019
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